Paramount CEO David Ellison Threatens California Exit Over Merger Lawsuit

Warner Bros and Paramount water towers with the WGA logo

Paramount CEO David Ellison has threatened to move his studio headquarters out of California by October 1 unless state Attorney General Rob Bonta negotiates a settlement in a high-stakes antitrust lawsuit blocking an $111 billion mega-merger with Warner Bros. Discovery, drawing sharp criticism from writers and state lawmakers. The threat of relocation brings a dramatic … Read more